讀後心得

The South Korean stock market fell last Friday, with the medical equipment sector index being a major drag. Affected by the tariff policy of the United States, foreign investors intensified their sell-off, leading to a decline of 21.28 points in the KOSPI index, which closed at 2,465.42 points. In contrast, the KOSDAQ index rose slightly by 3.90 points, closing at 687.39 points. Among the KOSPI stocks, 9 rose while 10 fell, with the paper and wood sector performing the best, increasing by 4.54%. Last week, global investors withdrew $4.2 billion, making South Korea the region in Asia with the most severe foreign capital outflow. Although analysts are optimistic about the potential positive impact of Yoon Suk-yeol's impeachment case on the market, it failed to stop the decline in the stock market. The stock prices of Samsung Electronics and SK Hynix fell by 2.60% and 6.37%, respectively.

The Korean stock market experienced a decline last Friday, with the medical equipment sector index becoming a major pressure indicator, affected by the tariffs policies of U.S. President Trump, leading to the most severe foreign capital sell-off in the Korean stock market since 2021. At closing, the KOSPI index fell by 21.28 points, a decrease of 0.86%, closing at 2,465.42 points; while the KOSDAQ index rose by 3.90 points, an increase of 0.57%, closing at 687.39 points.

Among the 19 sub-sectors of the KOSPI index, the performance was mixed, with 9 rising and 10 falling. The paper and timber sector index rose by 4.54%, showing the best performance. The non-metal mineral sector index and the chemical sector index also rose by 1.38% and 1.34%, respectively. In contrast, the medical equipment sector index fell by 2.07%, showing the worst performance. The electrical and electronic equipment sector index and the machinery sector index fell by 1.95% and 1.97%, respectively.

Last week, global investors withdrew $4.2 billion from the Korean stock market, making it the market with the most severe foreign capital outflow in Asia. In fact, the performance of the Korean stock market was poor last week; on Monday, the Korea Composite Index plummeted by 3% due to the resumption of short-selling, which led to a stock market sell-off. Although analysts believe that the court's approval of Yoon Suk-yeol's impeachment and the presidential by-election to be held within 60 days is positive news for the market, it still failed to stop the decline of the stock market.

In terms of individual stocks, Samsung Electronics saw its share price fall by 2.60%; LG Chemical rose by 2.91%; Hyundai Motor's share price fell by 1.03%; SK Hynix dropped by 6.37%; POSCO's share price rose by 0.74%; and Korean Air saw its share price increase by 2.38%.